Industry news as published in MPA Magazine – Otiena Ellwand | 05 December 2018
Eight leaders discuss the royal commission, broker remuneration and the opportunities emerging from change.
Confusion and complexity have defined this year’s lending environment for both brokers and borrowers. With added compliance pressures and a contraction in credit, brokers have had to lift their game, explore new opportunities and seek solutions elsewhere. These headwinds have motivated them to begin adapting and evolving – actions that will strengthen their businesses to withstand future challenges. And maybe it was time for this awakening.